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1740sqm Industrial vacant Erf
R 700,000
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1 month ago51 views
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General Details
Location:
For Sale By:Agency
Description
1740sqm Industrial vacant erf.
Going on Auction: Wednesday 27 March 2024
Reserve Price: R700 000.00 (All offers will be reviewed)
Expected opening bid: R600 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)
Vacant plot for sale is ideal for a filling station with the impact study already done. This very well priced plot of 1740sqm is also ideal for any other business of your choice.
Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.
Id Subtitle 1268831618
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Estimated monthly repaymentR 7,586
Total property loan amountR 700,000
Total interestR 1,120,628
Total repaymentR 1,820,628
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Izanne Briesies
Selling for 3+ years
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